it's amazing how many people fail to plan such an important decision such as choosing a career the consequences of choosing the wrong career path range from mental health problems strained relationships a poor financial state and general dissatisfaction with life if you want to be a part of the group that gets this choice right then keep watching because in this video i'll share the top 7 factors that you should consider when choosing a career so let's get into it what's up everyone this is brandon hill and welcome back to my channel where we share content to help young professionals develop personally professionally and financially today we're talking about choosing a career path we have seven factors so let's jump into the first one your personality when trying to choose a career path a good strategy is to start by looking from the inside out rather than vice versa in other words start with what you desire and not what others or society want for you an excellent way to find out what you would excel at and what you would enjoy is to take a personality test and there are a bunch of different personality tests that i'll list right here and any one of these could help you understand who you are how you work and the careers that would suit you best a personality test might break down your strengths your weaknesses and where you would work ideally and while this isn't absolute science the accuracy of these tests are pretty remarkable and ultimately it can help you narrow down the path that you decide to choose for your career the second factor to consider is your passion a powerful intersection for career success is your personality and your passions you don't need a test to tell you what you're passionate about but a test could tell you which of your passions is most likely to lead to success just because you're good at something doesn't mean that you'll enjoy it and when we fail to prioritize the factors on this list we end up in jobs that suck the lives out of us choosing a job that you dislike but pays more might sound like a good idea but it doesn't do you any good or your employer in the long run because when people aren't passionate about their jobs it's hard for them to be engaged at work consequently that has a negative impact on quality of life and even missed opportunities for financial and career growth the third factor you'll want to consider when choosing a career is your education and training one of the things to consider is the degree that you've chosen and how it will impact your chances every role has some sort of education requirements while some have strict requirements such as law or medicine others are more open and they focus on transferable skills rather than solely your degree for example careers in business management and finance have much more flexible educational demands depending on your level of schooling you may or may not be able to apply for certain jobs on a certain career path and if that's the case you could go back and get more education or teach yourself until you acquire the necessary qualifications factor four is your experience basing your career choice on your experience is one of the easiest ways to go the problem is that most graduates don't have any experience one thing you could do is try to pursue an internship getting an internship is one of the best ways to get experience for a career path that you're trying to look into and see if it's right for you choosing the right career takes time and often takes a lot of experimentation interning with different companies and different industries and fields will improve your chances of getting it right factor five your values values are simply things that are important to you without which you wouldn't be ecstatic about work or your personal life your values could be personal such as spending time with your family moral such as being eco-conscious or professional such as being in an environment that uses positive reinforcement when companies are trying to recruit candidates they always make a big deal about their core values and so should you when you're interviewing it's not just about you being a good fit for them but it's about the firm being a good fit for you too what you value may not affect your career path but it could help you choose the right company if a company's values inspire you chances are that you'll enjoy working there factor six to consider is your lifestyle and financial goals most people want to be wealthy they want to live in a nice house drive an expensive car maybe buy some nice clothes and have a dream career if this isn't you then you could work anywhere and you could be fine but if this is you then it's important to factor this in when you're choosing a career and there's absolutely nothing wrong with trying to work in an industry or in a career that pays you a lot of money what you should consider though is what you'll be sacrificing from your life and your time to get that money and to get that income do you want an active social life are you okay with long work hours are you willing to travel and are you willing to sacrifice certain things in order to be successful a career path for example such as investment banking is going to require a lot of sacrifice and a lot of your time but in return you'll be paid handsomely and if money isn't that big of a deal for you and you just want to live a comfortable life then maybe the investment banking career path isn't right for you here's the great thing about careers and compensation when you're great at what you do you'll eventually reach this point where you're out earning others that are in supposedly higher paying fields when you do work that you love and that aligns with you and your values and your lifestyle you're going to rise through the ranks a lot faster number seven the final factor to consider is the job market what's the point of wanting a career if it's oversaturated and there are no jobs available it makes sense to choose a career path that will give you a runway with lots of opportunity available to you so with these seven factors what you should do is you should utilize the first six factors and make a list of career options from that and once that's done then you could see what the current job market is looking like for each of those careers and you could identify suitable paths for you let's say for example you've narrowed down your career path to either accounting or finance based on your personality test experience values etc you've determined that you would be great at either of them you could then research the different jobs in these two fields and identify where there's demand and where you can be paid a high salary you might find that financial analysts are in a higher demand than accounting associates in that case maybe finance might fit better for you and those are the seven factors to consider when choosing your career there are so many things to consider when you're choosing your career path but all of them likely fall under one of these seven categories that we've shared today there is no universal way to find the best job but these elements will give you the highest chance of success for career satisfaction if you end up on a career path that you don't like learn from it grow refine your strategy and move on to another career path don't worry about changing jobs because everyone does this plenty often and yet their careers stay on track and get better if you enjoyed this video could you help me out by liking it and subscribing and maybe commenting which of these seven factors stood out to you the most in the meantime i'll get working on the next video i'll see you then